Menu
Interest on gstr 3b late filing
we already paid the late fee by days of late as delay of filing.What is the interest on gst amount ,which was in 3B ?
Replies (6)
Quick Summary
Interest is leviable on Output Tax Liability.
Late fee is being paid on account of Late filing of return
Late fee is being paid on account of Late filing of return
I think large number of GSTIN holders are liable to pay the interest now,As receiving notices from authority.We received with a 7 days time.What are the actions if we can't pay in 7 days and want extra time
Contact Your circle officer and discuss the same...
Officer can block your ITC & can recover by debiting from your bank account.
So it's better to reply the Notice or contact to your jurisdiction tax officer
Hello, if you filed the return late, that implies that you paid the GST to govt late, so the amount that was outstanding that you paid in Cash, is liable for interest, that you manually need to enter in GSTR 3B.
Ya its true, i agree with Srishti agrawal mam, but mam can you please mention how to calcualte interest. in what percentage and for how many days
Recent Topics :
- ITC reversal after supplier amended the recipient
- GIFTS TO USEFUL CONTACTS ON FESTIVALS INCOME TAX
- INTEREST ON REFUND OF TDS
- Input tax claim related
- User not found in MCA portal
- GST RATE ON FILM PRODUCTION
- Section 54
- Why are foreign investors suddenly buying Indian s
- TDS ON IMMOVABLE PROPERTY - PURCHASE FROM NRI &
- Query to Tax Garden tax consultant
Related Topics :
CAclubindia
